Spherion vs Labor Finders Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Spherion vs Labor Finders including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$148,025 - $347,475 | $128,525 - $217,960 |
Franchise Fee |
$26,250 - $35,000 | $20,000 |
Royalty Fee |
0.25% - 0.75% | 3.5% |
Advertising Fee |
- | 0% |
Year Founded |
1946 | 1975 |
Year Franchised |
1956 | 1975 |
Term Of Agreement |
10 years | 10 years |
Term Of Agreement |
10 years | 10 years |
Renewal Fee |
Current initial license fee | - |
Business Experience Requirements |
Experience |
Industry experience General business experience Marketing skills | General business experience Marketing skills |
Financing Options |
|
In-House/3rd Party | In-House/3rd Party |
Franchise Fees |
No/- | No/No |
Start-up Costs |
Yes/- | No/Yes |
Equipment |
Yes/- | No/Yes |
Inventory |
Yes/- | No/Yes |
Receivables |
Yes/- | No/Yes |
Payroll |
Yes/- | No/Yes |
Training & Support |
Training |
On-The-Job Training: 120 hours
Classroom Training: 40 hours
Additional Training: At existing location
|
On-The-Job Training: 28-36 hours
Classroom Training: 30-44 hours |
Support |
Newsletter
Meetings/Conventions
Toll-Free Line
Grand Opening
Online Support
Security/Safety Procedures
Field Operations
Proprietary Software
Franchisee Intranet Platform
| Purchasing Co-ops
Newsletter
Meetings/Conventions
Toll-Free Line
Grand Opening
Online Support
Security/Safety Procedures
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform |
Marketing |
Ad Templates
National Media
Regional Advertising
Social media
SEO
Email marketing
| Co-op advertising
Ad Templates
National Media
Regional Advertising
Social media
SEO
Website development
Email marketing |
Operations |
90% of all franchisees own more than one unit Number of employees needed to run franchised unit: 3
- 5
100% of current franchisees are owner/operators | 95% of all franchisees own more than one unit Number of employees needed to run franchised unit: 1 - 3
Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
US Expansion |
Yes | Yes |
Canada Expansion |
No | No |
International Expansion |
No | No |
Company Overviews
About Spherion
Our franchise owners are able to leverage the corporate infrastructure of this industry-leading, established company. Spherion® bills your clients, pays your employees and provides the software applications and innovative technology that connect you to the corporate network. That means you eliminate many operating costs associated with running your business and can focus on growing your business.
Spherion Franchise Program Highlights:
*100 percent financing for temporary payroll
*Accounting Support
*Call center for operations & technical help
*Centralized recruiter tools & resources
*Centralized sales & marketing tools
*Client invoicing
*Comprehensive pre-opening process
*Dedicated & experienced field support team
*Extensive training programs, including our
"In-branch" experience
*In-depth monitoring & coaching programs
*National sales programs
*Online training, assessment & career tools
for your flexible employees
*Owner advisory council
*Protected Territory
*Regional & annual meetings
*Web-based technology & tools to run your Business for both sales & recruitment
As a network of locally owned staffing businesses, Spherion is dedicated to providing the resources, tools and support you need to be successful in your market!
The total investment necessary to begin operation of a Spherion
General Staffing franchise ranges from $148,025 to $220,825 and a
Spherion Professionals franchise ranges from $247,945 to $347,475. This
includes the initial franchise fee of $35,000 that must be paid to
Spherion.
Veteran Incentives 25% off franchise fee
#89 in Franchise 500 for 2020.
#93 in Franchise 500 for 2021.
About Labor Finders
Founded in 1975 by Newton Burnett, Labor Finders provides temporary and temp-to-full-time employees, payroll, and outsourcing to construction, maintenance, industrial, hospitality, moving and trucking companies.
With almost 200 offices nationwide, we’ve been putting people back
to work for over 40 years. We’re a leader in the blue-collar
staffing industry.
#155 in Franchise 500 for 2020.
#347 in Franchise 500 for 2021.